Borrowing Mechanics. (1) LIBOR Loans made on any Funding Date shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of such amount. (2) On any day when Borrower desires an advance under this subsection 2.1, Borrower shall give Agent telephonic notice of the proposed borrowing by 11:00 a.
Appears in 3 contracts
Sources: Loan and Security Agreement (Spincycle Inc), Loan and Security Agreement (Skechers Usa Inc), Loan and Security Agreement (Spincycle Inc)
Borrowing Mechanics. (1) LIBOR Rate Loans made on any ------------------- Funding Date shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 in excess of such amount.
(2) On any day when Borrower desires an advance to borrow under this subsection 2.1, Borrower shall give Agent telephonic notice of the proposed borrowing by 11:00 a.
Appears in 1 contract
Sources: Loan and Security Agreement (Gradall Industries Inc)
Borrowing Mechanics. (1) LIBOR Loans made on any Funding Date shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of such amount.
(2) On any day when Borrower desires an advance under this subsection 2.1, Borrower shall give Agent telephonic notice of the proposed borrowing by 11:00 a.
Appears in 1 contract
Sources: Loan and Security Agreement (Comforce Operating Co)